A full recertification of the troubled jet would be a major setback to Boeing, but analysts say such a move is unlikely. Source: NYT > Business – David Gelles
For the Chao Family, Deep Ties to the World’s 2 Largest Economies
The family of Elaine Chao, the transportation secretary, has forged high-level political connections not only in the United States but also in China, where their shipping business has prospered. Source: NYT > Business – Eric Lipton and Michael Forsythe
A ‘Bridge’ to China, and Her Family’s Business, in the Trump Cabinet
Elaine Chao has boosted the profile of her family’s shipping company, which benefits from industrial policies in China that are roiling the Trump administration. Source: NYT > Business – Michael Forsythe, Eric Lipton, Keith Bradsher and Sui-Lee Wee
737 Max Won’t Fly Until F.A.A. Is ‘Satisfied,’ Elaine Chao Says, Defending Agency
The transportation secretary said Boeing appeared close to completing a software upgrade on a critical sensor believed to have played a role in two crashes. Source: NYT > Business – GLENN THRUSH